AOL Money & Finance

ras posts

Feed

Analyst downgrades 9-11-07: OCR, MAS, SMOD and VDSI

MOST NOTEWORTHY: Omnicare, Masco, Smart Modular and VASCO Data Security were today's noteworthy downgrades:
  • Matrix downgraded shares of Omnicare (NYSE: OCR) to Hold from Buy to reflect the company's very weak performance and higher than average risk.
  • Merrill Lynch downgraded Masco Corp (NYSE: MAS) to Sell from Neutral to reflect expectations for a decline in U.S. housing starts and remodeling in 2008. The broker recommends swapping into Texas Industries (NYSE: TXI).
  • Smart Modular (NASDAQ: SMOD) was downgraded to Market Outperform from Strong Buy at JMP Securities following the Q4 pre-announcement.
  • VASCO Data Security (NASDAQ: VDSI) was downgraded to Market Perform from Outperform at Friedman Billings on valuation.
OTHER DOWNGRADES:
  • RAIT Financial Trust (NYSE: RAS) was downgraded to Underperform from Sector Perform at RBC Capital.
  • KMG America (NYSE: KMA) was downgraded to Market Perform from Outperform at Friedman Billings on valuation.

Cramer's dirty dozen

On today's STOP TRADING! segment on CNBC, Jim Cramer issued what he calls a "Dirty Dozen" of stocks to avoid. He made some of these in sub-prime liar-loan companies as well on TheStreet.com. Here is his list that the short sellers are targeting, although Cramer said this isn't his list per se and he actually thinks some of these are well managed. Many of these are up huge today as well:

IndyMac Bancorp. Inc. (NYSE:NDE)
Carterac (NYSE:CHC)
Friedman, Billings, Ramsey Group Inc. (NYSE:FBR)
Fremont General Corp. (NYSE:FMT)
Redwood Trust (NYSE:RWT)
Newcastle Investment Corp. (NYSE:NCT)
American Home Mortgage Investment Corp. (NYSE:AHM)
Gramercy Capital Corp. (NYSE:GKK)
Rait Financial Trust (NYSE:RAS)
Thornburg (NYSE:TMA)
CapitalSource (NYSE:CSE)

There is one missing here, but that's 11 of the 12. Today is the second anniversary of the MAD MONEY show.

Symbol Lookup
IndexesChangePrice
DJIA+73.0010,270.47
NASDAQ+18.862,167.88
S&P 500+6.241,093.48

Last updated: November 14, 2009: 06:06 PM

BloggingStocks Exclusives

Hot Stocks

DailyFinance Headlines

Latest from BloggingBuyouts

WalletPop Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance